$369,900
 $1,986 est/mo Sourced by Back At You

753-755 Lepere Avenue,St Louis, MO 63132

St Louis, MO 63132

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Description

753-755 Lepere Avenue is a well-located two-family property in University City, bordering Olivette in the highly desirable 63132 market. The location provides convenient access to Clayton, Washington University, major employment centers, shopping, dining and the region's primary transportation corridors. Its combination of suburban convenience and proximity to central St. Louis makes the property attractive to both investors and owner-occupants. Built in 1957, the one-story brick building contains approximately 1,960 square feet with two spacious two-bedroom residences of approximately 975 square feet each. Property features include central air, a full basement, private entrances, a shared backyard and a large deck. Select interior improvements include hardwood floors and a modern kitchen with stainless steel appliances, while additional updates to the less-improved areas provide a practical path to further value creation. The property is fully occupied with current monthly rents of $1,450 and $1,350, producing $2,800 in monthly scheduled income. University City rental data indicate a median asking rent of approximately $1,600, while nearby two-bedroom offerings range from approximately $1,445 into the mid-$1,700s. The property next door at 757 Lepere sold for $375,000 in 2024, with one unit more updated and one unit less updated than 753-755. Other recent University City two-family sales reached $382,000, $400,000, $410,000 and $466,000, with Lepere being in a superior location. These sales, together with the property's location and owner-occupant appeal, support a compelling opportunity to acquire a stabilized asset with additional rental upside.

Details

MLS #26063776
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1957
Days On Site29
Listing Provided ByBotanical Property Management | Rick Onstott

Features

SQ Feet1,960
Acreage0.14

Interior

CoolingCeiling Fan(s), Central Air, Electric

Exterior

Construction MaterialsBrick

Parking

Attached Garage Yes / NoNo

Taxes

Property3750

Area Information

StateMO
CountySt. Louis
CitySt Louis
Zip Code63132
AreaUniversity City
Community NameLe Pere
School DistrictUniversity City Sr. High
Elementary SchoolFlynn Park Elem.
High SchoolUniversity City Sr. High
Listing VS Median (in Le Pere)
Price:
$369,900
low | high
Med:
$369,900
50% of Average
sqft:
1,960
low | high
Med:
1,960
50% of Average
$ / sqft:
$189
low | high
Med:
$189
50% of Average
On site:
29
low | high
Med:
29
100% of Average
Sourced by Back At You

Market Activity 63132

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 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 31, 2026 at 11:58:50 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact

Learn More About This Property

573 Realty Group

573 Realty Group

 (573) 547-1000info@573realtygroup.com
StateMO
CountySt. Louis
CitySt Louis
Zip Code63132
AreaUniversity City
Community NameLe Pere
School DistrictUniversity City Sr. High
Elementary SchoolFlynn Park Elem.
High SchoolUniversity City Sr. High
Listing VS Median (in Le Pere)
Price:
$369,900
low | high
Med:
$369,900
50% of Average
sqft:
1,960
low | high
Med:
1,960
50% of Average
$ / sqft:
$189
low | high
Med:
$189
50% of Average
On site:
29
low | high
Med:
29
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $277K - $462K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
9046 Old Bonhomme Road Property Photo 1
$400,000
9046 Old Bonhomme Road
Olivette, MO 63132
Listing Updated: October 9, 2026 at 1:55:49 PM PDT
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